The market for woven fabrics of synthetic filament yarns in Estonia demonstrated fluctuations over the years, with a general upward trend peaking at 25.226 million Euros in 2023. Notable growth phases spanned from 2016 to 2019, with significant annual increases including a 19.91% jump in 2018. Market contraction was observed in 2020 and 2021, but recovery began in 2022 with a 3.98% rise, maintaining momentum with a 3.75% increase in 2023. The five-year CAGR stands at 2.89%, indicating moderate annual growth.
Future trends to monitor include technological advancements in synthetic yarn production, which could drive demand, as well as fluctuations in global trade policies impacting Estonian exports and imports in the textile sector.
How does Estonia rank in Woven Fabrics of Synthetic Filament Yarns Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 444,140,000 | 2023 | +7.63% | +3.05% | View data |
| 2 | 2 Romania | 229,730,000 | 2023 | -4.96% | -5.3% | View data |
| 3 | 3 United Kingdom | 204,400,000 | 2023 | +1.37% | +1.37% | View data |
| 4 | 4 Czech Republic | 147,870,000 | 2023 | +0.033% | +0.26% | View data |
| 5 | 5 Austria | 57,434,000 | 2023 | -2.37% | -0.47% | View data |
| 7 | 7 Bulgaria | 53,594,000 | 2023 | -6.03% | -9.03% | View data |
| 8 | 8 Greece | 25,780,000 | 2023 | -0.31% | -1.23% | View data |
| 9 | 9 Estonia | 25,226,000 | 2023 | +3.75% | +2.89% | |
| 10 | 10 Denmark | 20,569,000 | 2023 | +3.39% | +3.49% | View data |
| 11 | 11 Croatia | 19,085,000 | 2023 | +1.87% | +1.18% | View data |
